Metrix Agrees to OEM OSIsoft’s PI System Technology into SETPOINT CMS

June 11, 2014 12:01 AM Eastern Daylight Time

SAN LEANDRO, Calif.--(BUSINESS WIRE)--OSIsoft, producer of the PI System, the leading real-time infrastructure
for streaming data and events, and Metrix, a leading supplier of API-670
compliant machinery protection and condition monitoring systems,
announced today that they have entered into an OEM relationship.
Metrix’s SETPOINT™ CMS software will use OSIsoft’s PI System technology
for its underlying real-time data infrastructure.

Combined, Metrix and OSIsoft represent over 75 years delivering leading
products to industries such as Power Generation and Oil & Gas
industries. Combining real-time process data with vibration data
supports earlier diagnosis of equipment issues. As a result, companies
will be able to better utilize assets, avoid unexpected failures and
reduce capital replacement costs.

SETPOINT hardware from Metrix collects and sends streaming, high-speed,
high-resolution data from rotating and reciprocating machinery. To
manage the data, Metrix selected the PI System for its capabilities to
reliably manage the large volume of high-fidelity, streaming data.
Leveraging visualization tools within the PI System, data can be
analyzed and interpreted in real-time for rapid decision making. In
addition, Metrix now provides a new plug-in to support more advanced
visualizations such as spectrum, orbit, time-base, shaft centerline,
polar, and bode vibration plots.

“The condition monitoring world has typically used a closed and
proprietary software approach since its inception in the 1980s,” said
Randall Chitwood, Metrix SETPOINT VP. “The new approach changes all
that. Almost every customer we engage with already has the PI System in
their facility. They are delighted to hear that they will now have an
integrated solution that delivers condition-based monitoring.”

“Efficient, reliable and safe operations require healthy equipment,”
said Martin Otterson, OSIsoft Senior Vice President of Sales, Marketing
and Industry. “Empowering plant personnel to get real time insights into
the health of equipment allows organizations to take a proactive versus
a reactive approach to avoiding unnecessary failures and costs.”

About Metrix

Metrix
SETPOINT is the preferred supplier of industrial condition
monitoring systems to many of the world’s leading manufacturers and
users of critical rotating and reciprocating machinery. With
headquarters in Houston, Texas, Metrix has a presence in more than 40
countries via factory-direct sales and service professionals, along with
a strategic network of instrumentation partners.

About OSIsoft

OSIsoft
LLC delivers the PI System, the industry standard in enterprise
infrastructure, for management of real-time data and events. With
installations in over 110 countries, the OSIsoft PI System is used in
manufacturing, energy, utilities, life sciences, data centers,
facilities, and the process industries. This global installed base
relies upon the OSIsoft PI System to safeguard data and deliver
enterprise-wide visibility into operational, manufacturing and business
data. The PI System enables users to manage assets, mitigate risks,
comply with regulations, improve processes, drive innovation, make
business decisions in real time, and to identify competitive business
and market opportunities. Founded in 1980, OSIsoft, LLC is headquartered
in San Leandro, CA, with operations worldwide and is privately held.
Learn more about OSIsoft and the PI System at www.osisoft.com.